FCC chief says bells will end up spending again [InfoWorld: Top News]

According to Sonic's press release today, AOL licensed Sonic Solutions CD burner software http://www.sonic.com/pr/news/2003/february/AOL.htm

Here's what the NYT had to say about it:

Technology Briefing: Hardware. SHARES OF SONIC SOLUTIONS SOAR ON AOL PACT; NEW PRODUCTS NEEDED, EXECUTIVE SAYS;. [New York Times: Business]

 

 

SBC mulls wireless, landline time-share. The telecommunications company is working on new rate plans that would let dialers buy minutes for use by both landline and cell phones. [CNET News.com]

F.C.C. Members Testify About New High-Speed Rules. The members of the Federal Communications Commission defended their new telephone and broadband policy in front of a Congressional hearing on Wednesday. By Jennifer 8. Lee. [New York Times: Business]

Sony Is Venturing Into Online Games for Multitudes. Sony will announce on Thursday that it will use the grid computing to accelerate its push into the market for online games with thousands of players. By Steve Lohr. [New York Times: Business]

Here's an exerpt from Butterfly.net's press release http://www.butterfly.net/buzz/releases/index.html 

(MARTINSBURG, W. VA - February 27th, 2003)- IBM and Grid pioneer Butterfly.net announced today that Butterfly has signed a Play Station®2 Tools and Middleware agreement with Sony Computer Entertainment Inc. to provide technology and networking services for the PlayStation®2 computer entertainment system. As part of the agreement, the companies activated a first-of-its-kind computing grid that allows online game developers to take advantage of the advanced capabilities of PlayStation®2 and to more efficiently provision resources to meet the increasing demands of console gamers.

Here's an exerpt from the press release...

CINCINNATI – February 25, 2003 --Broadwing Inc. (NYSE: BRW) today announced that it has reached an agreement to sell the assets of its broadband business, Broadwing Communications Services Inc., including the Broadwing name, to privately held C III Communications, LLC, for $129 million in cash.

CED's commentary on the acquisition: http://www.cedmagazine.com/cedailydirect/0302/cedaily030225.htm#2

Insight reported a good quarter: http://media.corporate-ir.net/media_files/nsd/icci/icci_new.pdf

Comcast Highlights:

• Pro forma CY2002 cable Revenues $16.043 billion, up 11.3% over $14.4 billion for 2001
• Pro forma CY2002 EBITDA of $4.468 billion, up 16.0% increase over $3.853 billion for 2001.
• Comcast basic sub base grew slightly and they made "a significant reduction" in the basic cable subscriber loss rate in the ATT systems
• At yearend, Digital Cable service was available to substantially all of Comcast's cable subscribers.
• In CY2002, they added ~1.5 mil Digital Cable subs [up 29% over 2001] reaching 6.6 mil [or 31% pene]
• Q4 net Digital Cable subs additions were 389,400, an annual rate of 1.56 mil additions or 24% growth
• Q4 2002, Digital Cable subs contributed, on average, incremental $14.48 in revenue per month

Comcast also issued this guidance: http://www.cmcsk.com/news/20030227-102709.cfm?ReleaseID=102709